Who is that Condos, Coops, Townhouse and Singe-family Homeowner Community Associations.
The congress, the reserve, the Office of Thrift Supervision OPHEA, Fannie, Freddy, and the VA HUD have all been told by me and for years about the problems in your communities.
Well, they all have not done one thing positive for you and with the exception of a a few states and local authorities none one else has either and in some case are detrimental.
Did you known that the so called news show 60 minutes has been faxed again and again and not one producer thinks the 80 million homeowners are Sh*t out of luck.
So to all the banks, investors, and governmental agencies that own so many of these homes now I believe everyone of you are in for a RICO charge the first one of these in a CIC that you own and sell and do not disclose the state of the communities, budget, documents, and board actions.
If you are not paying your communities assessment while you own one of these because of foreclosure then you are now undermining the very community your property is in and in some cases has forced seniors to have to move out because of habitability of the premise.
No one pays the bills,
the insurance, lights, heat, water, security, upkeep and repairs do not get done. The community goes to HELL.
Who is responsible besides the owners. Everyone that is doing nothing to change it.